Wednesday, December 08, 2004

Asian Rust and Soybeans


Asian Rust can reduce the soybean crop by 80%. The models say rust will
cause all farmers to use an additional $30 per acre as a preventative next
season. Waiting until the rust establishes, doubles the price of control.

Problems:

1. Not enough fungicide http://www.soygrowers.com/rust/table1.htm available
in time.
2. Farmers don't get the messaged.
3. Section 18 approval needed.
4. Increased production costs will increase consumer prices.

Buy up now and avoid the price increase next year.